China has agreed to delay debt repayments for the Maldives, as part of the Group of 20 nations debt relief programme. The country has suspended debt...
Faced with unprecedented challenges from the Covid-19 pandemic, hotels owners across Asia are turning to creative financing solutions to ride out near-term turbulence. Sweeping restrictions have...
DUBAI (Reuters) – Gulf carriers Emirates and Etihad Airways are extending the period of reduced pay for their staff until September as they try to preserve...
(Reuters) – Singapore Airlines Ltd (SIAL.SI) said on Monday that it had secured about $1 billion in credit facilities, in addition to the S$8.8 billion ($6.32...
DUBAI (Reuters) – Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built...
KUALA LUMPUR (Reuters) – Malaysia on Sunday said it would reopen nearly all economic activity and allow interstate travel starting June 10, lifting coronavirus restrictions imposed...
Authorities in Maldives should provide tax incentives to tourism businesses and restructure the existing model of resort operations to minimise the impact on people employed in...
China’s exports and imports fell in May as the economic slowdown abroad started to take its toll, and after a surprise jump driven by increased demand...
OPEC members, led by Saudi Arabia, and other key oil producers agreed Saturday to extend historic output cuts through July, as oil prices tentatively recover and...
LONDON/LOS ANGELES/MADRID (Reuters) – The $1 trillion container shipping industry is in a slowdown. Literally. Some shipping lines, whose retail customers are being hammered by the...